MUDDY DUCK PROJECTS LTD


Director	LYN-JONES, Sian


Registered Address	200 Unit 2, 47a Wycliffe Road
	Northampton
	NN1 5JF


Registered Number	09549273 (England and Wales)

Statement of Financial Position
31 March 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		1,077		2,971
			1,077		2,971
Current assets
Debtors	4	543		-
Cash at bank and on hand		7,565		1,863
		8,108		1,863
Creditors amounts falling due within one year	5	(4,555)		(4,395)
Net current assets (liabilities)			3,553		(2,532)
Total assets less current liabilities			4,630		439
Net assets			4,630		439
Capital and reserves
Called up share capital			100		100
Profit and loss account			4,530		339
Shareholders' funds			4,630		439

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 15 September 2026, and are signed on its behalf by:

LYN-JONES, Sian
Director
Registered Company No. 09549273

MUDDY DUCK PROJECTS LTD

Notes to the Financial Statements
for the year ended 31 March 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Revenue from rendering of services
	Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


	Reducing balance (%)	Straight line (years)
Plant and machinery	25	-
Office Equipment	-	33.33

2.	Average number of employees


		2026		2025
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Plant & machinery	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 April 25	2,306	9,203	11,509
At 31 March 26	2,306	9,203	11,509
Depreciation and impairment
At 01 April 25	1,930	6,608	8,538
Charge for year	94	1,800	1,894
At 31 March 26	2,024	8,408	10,432
Net book value
At 31 March 26	282	795	1,077
At 31 March 25	376	2,595	2,971

4.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	543	-
Total	543	-

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Bank borrowings and overdrafts	205	1,407
Taxation and social security	4,267	980
Other creditors	83	2,008
Total	4,555	4,395

6.	Related party transactions
	At the balance sheet date the Director, S Lyn-Jones was owed £83 (2025 - £2,007) by the company. This loan is interest free and repayable on demand.